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. >> president barack obama and gop leaders held one face to face meeting on the fiscal cliff since the election. that meeting took place more than two weeks ago. >>> the kansas city chiefs suited up and took the field today against carolina. that's despite the shock and horror of yesterday's suicide of linebacker jevon belcher. stay right there with full details in a full report on cnn in just a minute. >>> high winds and heavy rain are pummeling the northwest. the rainfall will continue throughout the day. some places have already seen a foot of rain since yesterday. people living in northern california, oregon and washington state are bracing for rising rivers and possible mudslides. >>> supporters of mohammad morsi blocked the high court from indefinitely suspending all court sessions. that would suspend a ruling on the drawing up of egypt's new constitution. president morsi declared his decisions are now immune from judicial oversight. >>> it is a frightening and deadly scene in japan. just look at this. at least two cars are still trapped inside a highway tunnel after a massive se
. >> president barack obama and gop leaders held one face to face meeting on the fiscal cliff since the election. that meeting took place more than two weeks ago. >>> the kansas city chiefs suited up and took the field today against carolina. that's despite the shock and horror of yesterday's suicide of linebacker jevon belcher. stay right there with full details in a full report on cnn in just a minute. >>> high winds and heavy rain are pummeling the northwest. the...
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>> well, the white house said president obama presented his plan last week and the gop leaders shot it down. now, the ball is in the hands of the republicans. right now, it's all about the math. republicans may have to cave on taxes but president obama may have to accept deeper spending cuts. only 18 days left. >> the messy art of compromise. tahman bradley live in washington. >>> and rivers are rising across northern california this morning after three powerful storms blow through in less than a week. the latest round of flooding rain drenched the area yesterday, knocking down giant trees and leaving nearly 100,000 people without power. high winds overturned tractor trailers. abc's cecilia vega shows us what it looked like in california wine country. >> reporter: this is a storm that slammed the west coast from washington all the way down to the san francisco bay area. and this, take a look at it, one of the hardest hit regions, vineyards all over napa valley under water right now. >> a much dryer day is on tap across northern california, but just after midnight, get this, a fourth st
>> well, the white house said president obama presented his plan last week and the gop leaders shot it down. now, the ball is in the hands of the republicans. right now, it's all about the math. republicans may have to cave on taxes but president obama may have to accept deeper spending cuts. only 18 days left. >> the messy art of compromise. tahman bradley live in washington. >>> and rivers are rising across northern california this morning after three powerful storms blow...
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president obama praised this year's list which includes late-night tv legend david letterman, the iconic rock band led zeppelin and oscar winner dustin hoffman. hoffman's co-star in four movies, robert deniro, shared an only-in-hollywood moment. >> i first met dustin at a party in 1968. i was his waiter. it was an instant connection when he said to me, "how's the flounder?" >> the kennedy center honors will air on television later this month. >>> and now for a look at the national weather, we turn to nbc meteorologist bill karins with the weather channel forecast. how's the flounder? >> flaky. very flaky. did you have a good weekend? >> i did. it was great. yours? >> people out there getting tans this weekend. the calendar goes to december -- >> i'm much darker. >> nice. good morning, everyone. incredibly warm air spread across the country. everyone that's east of the rockies can thank that huge california storm system. there was actually three of them. that pushed warm pacific air across the country. it cut off all the cold air from canada. it is warm from coast on to coast, incredibly
president obama praised this year's list which includes late-night tv legend david letterman, the iconic rock band led zeppelin and oscar winner dustin hoffman. hoffman's co-star in four movies, robert deniro, shared an only-in-hollywood moment. >> i first met dustin at a party in 1968. i was his waiter. it was an instant connection when he said to me, "how's the flounder?" >> the kennedy center honors will air on television later this month. >>> and now for a...
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after rejecting the obama administration proposal last week, house republicans offered an outline for $2.2 trillion in deficit reduction, mostly through spending cuts. and while president obama would not answer questions about the counterproposal -- >> no deal better than a bad deal, sir? >> reporter: -- a senior white house official assailed it as a step backward, saying if republicans do not agree to some higher rates for wealthier taxpayer, the nation will go over the cliff, and the american people will hold the republicans responsible. wall street remains optimistic a deal will be struck. so the lack of progress is not yet resulted in a market plunge. but some economists estimate that because of the uncertainty posed by the fiscal cliff, at least 200,000 fewer jobs have been created this year. the official deadline is december 31st at midnight when the ball drops in times square. the deadline is before that, a week from friday when the house of representatives is scheduled to go on vacation. in actuality there are fewer than 11 days before they need to work out a deal. jake tapper
after rejecting the obama administration proposal last week, house republicans offered an outline for $2.2 trillion in deficit reduction, mostly through spending cuts. and while president obama would not answer questions about the counterproposal -- >> no deal better than a bad deal, sir? >> reporter: -- a senior white house official assailed it as a step backward, saying if republicans do not agree to some higher rates for wealthier taxpayer, the nation will go over the cliff, and...
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. >> reporter: president obama wants $1.6 trillion in new taxes on the rich. $400 billion in cuts to entitlement programs such as medicare and $50 billion in stimulus spending. >> the president and white house have three weeks and this is the best we got? >> reporter: the senate minority leader mitch mcconnell laughed at geithner. geithner said if republicans don't like the president's plan it's up to them to present their own ideas. >> what we can't do is figure out what works for them. they have to come tell us what works for them. >> reporter: secretary geithner made it clear there will be no deal that does not include a tax hike on the wealthiest americans. >> there's not going to be an agreement without rates going up. >> reporter: no formal negotiating sessions are on the schedule here and many believe it will take about a week for the real work towards a solution to get under way. now, so much of the talk right now is about taxes, but another aspect of this fiscal cliff is massive, massive defense cuts. that's going to be a topic here in washington today, terrell, when several
. >> reporter: president obama wants $1.6 trillion in new taxes on the rich. $400 billion in cuts to entitlement programs such as medicare and $50 billion in stimulus spending. >> the president and white house have three weeks and this is the best we got? >> reporter: the senate minority leader mitch mcconnell laughed at geithner. geithner said if republicans don't like the president's plan it's up to them to present their own ideas. >> what we can't do is figure out...
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president obama is taking this sort of outside strategy where as we saw him last week he goes outside of washington. he'll be giving remarks to the business roundtable this week, meeting with business leaders tomorrow. other stakeholders this week and he's trying to kind of put some pressure on congress and learn from a mistake that he made you might say during say the debt ceiling negotiations where you saw these meetings with congressional leaders but there really wasn't a whole lot of payoff and didn't make the president look particularly effective. an issue to be resolved is to tackle entitlement reform. you have the white house and republicans saying you need to put meat on the bones and going back and forth. listen to what republican senator bob corker said. >> i think the really discussions around the fiscal cliff haven't even begun to be serious yet and the reason they haven't is we have really not begun to talk about real entitlement reforms and the only way of a true avoidance and until the debate moves to that point there's really no serious debate taking place and i think,
president obama is taking this sort of outside strategy where as we saw him last week he goes outside of washington. he'll be giving remarks to the business roundtable this week, meeting with business leaders tomorrow. other stakeholders this week and he's trying to kind of put some pressure on congress and learn from a mistake that he made you might say during say the debt ceiling negotiations where you saw these meetings with congressional leaders but there really wasn't a whole lot of payoff...
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the obama administration says the ball is in the g.o.p.'s court. republicans insist it's the president's turn to get serious about dealing with our country's debt. >> it's unfortunate that the white house spent three weeks doing basically nothing. >> this is a very carefully designed set of reforms. if republicans would like to go beyond these reforms, or they want to do it differently, they should tell us how they want to do it. >> i believe raising tax rates hurts our economy, hurts the prospects for more jobs in our country. >> shannon: as the sparring continues over the fiscal cliff, neither boehner nor geithner can say for certain that the country will not go over the edge. i'm shannon bream. america's news headquarters live from the nation's capital starts right now. >> shannon: we want to get to the budget standoff. peter doocy joins us live. there is time to strike a deal but not a lot. >> reporter: that's right. the speaker of the house john boehner made a point today to say there is not much time between election day and the end of the ye
the obama administration says the ball is in the g.o.p.'s court. republicans insist it's the president's turn to get serious about dealing with our country's debt. >> it's unfortunate that the white house spent three weeks doing basically nothing. >> this is a very carefully designed set of reforms. if republicans would like to go beyond these reforms, or they want to do it differently, they should tell us how they want to do it. >> i believe raising tax rates hurts our...
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>> reporter: president obama wants $1.6 trillion on the rich, $400 billion in cuts to entitlement programs and billions in more spending. >> reporter: mitch mcconnell laughed at geithner during their meeting last week. now geithner says if republicans don't like the plan, it's up to them to present their own ideas. >> what we can't do is try to figure out what works for them. they have to tell us what works tore them. >> reporter: but secretary geithner made it clear there will be no deal that does not include a tax hike on the wealthiest americans. >> there's not going to be an agreement without rates going up. >> reporter: no formal negotiating sessions are on the schedule here and many believe it will take about a week for the real work toward a solution to get under way. susan mcginnis, cbs news, washington. >> nancy pelosi will try to get a vote but won't give get republican support. >>> in "your world this morning," fighting is intensifying in syria between government troops and rebel forces. the rebels are close to capturing the airport that serves the capital of damascus. the syria
>> reporter: president obama wants $1.6 trillion on the rich, $400 billion in cuts to entitlement programs and billions in more spending. >> reporter: mitch mcconnell laughed at geithner during their meeting last week. now geithner says if republicans don't like the plan, it's up to them to present their own ideas. >> what we can't do is try to figure out what works for them. they have to tell us what works tore them. >> reporter: but secretary geithner made it clear...
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they got a vote of confidence at a cabinet meeting this past week. >> susan rice is extraordinary. couldn't be prouder of the job she's done. >> she appears to be the top candidate to replace hillary clintons a secretary of state. but could gop opposition change that. joining me is adam shif who said it's unfair to go after rice for information given to her by the cia. so your take on her chance of being approved by the senate. is this worth it to the president? >> i think she would be an extraordinary secretary of state. he ought to go forward and nominate her. it wouldn't be a slam dunk, but she's a strong candidate and would be confirmed. and when you look at the criticism of her, it's so completely unjustified. no one is critiquing her job as ambassador where she organized the sanctions on iran. where she went after and depose moammar gadhafi. she's had a phenomenal record and the only criticism of her is she replied on talking points provided by the intelligence community. that seems to me unfair when the director of the cia and intelligence -- to criticize her for that seems
they got a vote of confidence at a cabinet meeting this past week. >> susan rice is extraordinary. couldn't be prouder of the job she's done. >> she appears to be the top candidate to replace hillary clintons a secretary of state. but could gop opposition change that. joining me is adam shif who said it's unfair to go after rice for information given to her by the cia. so your take on her chance of being approved by the senate. is this worth it to the president? >> i think she...
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>> when president obama came to hatfield, pennsylvania which is a few miles down the street about a week ago he was covered by all of the press as it should be. the rooep i am on your show is we tried to have a similar event showing how it would not be effective. there was almost no one attending. they have nothing except the press outlets. the story you are telling small business doesn't have representation is a story that needs to be heard by the american people. we cannot compete. in our goen governmeown governm the biggest obstacles to success. >> you say it's not a financial issue but a moral issue. explain how it is a moral issue. >> i had the good fortune of living overseas i have seen how other people live. one of the best things about living overseas is you get to crÈche yat what america is america is a sunique place. america is a unique government. our government is the only one in the history of man. it was forged to protect the citizen as rights and citizen's pursuit of happiness. the government is perfect. the government was the citizen. it is no longer the citizen. now the
>> when president obama came to hatfield, pennsylvania which is a few miles down the street about a week ago he was covered by all of the press as it should be. the rooep i am on your show is we tried to have a similar event showing how it would not be effective. there was almost no one attending. they have nothing except the press outlets. the story you are telling small business doesn't have representation is a story that needs to be heard by the american people. we cannot compete. in...
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it has been more than two weeks since president obama invited the major players to the white house to discuss the situation. as of this morning, no new talks are scheduled. brianna keilar joins us. so many republicans say they are pessimistic about a deal happening in time to avert this fiscal cliff. some say it's for political reasons. what can you tell us? >> it may all be for political reasons. that's no surprise in washington. as you can seen through dealmaking not just on this but things in the past couple of years between the white house and congress, there is almost this rhythm that has evolved. both sides are pointing to the other for an impasse. republicans like senator lindeyy graham just slamming the white house and tim geithner for a plan he laid out on behalf of the administration, laying out about $1.6 trillion in new revenues coupled with only about $400 billion in medicare cuts. listen to what graham said. >> i think we're going over the cliff. it's pretty clear to me they made a political calculation. this offer doesn't remotely deal with entitlement reform in a way t
it has been more than two weeks since president obama invited the major players to the white house to discuss the situation. as of this morning, no new talks are scheduled. brianna keilar joins us. so many republicans say they are pessimistic about a deal happening in time to avert this fiscal cliff. some say it's for political reasons. what can you tell us? >> it may all be for political reasons. that's no surprise in washington. as you can seen through dealmaking not just on this but...
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an important week for the administration. president obama expected to start announcing picks for his new cabinet but with ambassador susan rice stirring up controversy who is in and who is out? our panel weighs in. can i help you? i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holiday deal is to camp out. you know we've been open all night. is this a trick to get my spot? [ male announcer ] break from the holiday stress. save on ground shipping at fedex office. gives you a low $18.50 monthly plan premium... and select generic hypertension drugs available for only a penny... so you can focus on what really matters. call humana at 1-800-808-4003. >>. >> gregg: new concerns following a freight train derailment in new jersey. residents are very concerned about a hazardous chemical released during the crash. anna is live in the new york city newsroom with the latest. >> reporter: we are getting a press conference and they approved a plan to remove a breached container
an important week for the administration. president obama expected to start announcing picks for his new cabinet but with ambassador susan rice stirring up controversy who is in and who is out? our panel weighs in. can i help you? i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holiday deal is to camp out. you know we've been open all night. is this a trick to get my spot? [ male announcer ] break from the holiday stress. save on...
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counteroffer to president obama's plan to keep us from falling over the fiscal cliff after the white house sent geithner to the hill last week outlining the democrats' plan which the republicans called "a joke." we are less than a month from going over the fiscal cliff and the term economists call the series of spending cuts and expiring tax breaks that will take effect the first of the year. that could cost millions of jobs and lead to a new recession. it is basically austerity on steroids. republicans with their counteroffer today again reject the president's plan if higher taxes on families earning more than $250,000 a year. wendell is live at the white house. if they reject that i don't know how far this will go. the president could blink but his eyes seem wide open. >>reporter: it is a nonstarter if they reject continuing the upper income tax cuts. the republicans say the plan cuts the deficits by $4.6 trillion based on the white house method of counting based on the recommendations of the president's deficit reduction commission but the president could disagree. the republicans
counteroffer to president obama's plan to keep us from falling over the fiscal cliff after the white house sent geithner to the hill last week outlining the democrats' plan which the republicans called "a joke." we are less than a month from going over the fiscal cliff and the term economists call the series of spending cuts and expiring tax breaks that will take effect the first of the year. that could cost millions of jobs and lead to a new recession. it is basically austerity on...
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the ladies will deal with it next week. okay? >> sure. >> bill: did you say cool? she said sure. >> all right. $10 to charity. >> i didn't do it. i'm sorry guilfoyle did it wiehl would never do it? >> president obama borrowing more money than all the other presidents combined. what a disaster. charles krauthammer will put it into perspective when we come right back. many of my patients clean their dentures with toothpaste. i tell them dentures are very different to real teeth. they're about 10 times softer and may have surface pores where bacteria can grow and multiply. polident is specifically designed to clean dentures daily. its unique micro-clean formula kills 99.9% of odor causing bacteria and helps dissolve stains, cleaning in a better way than brushing with toothpaste. that's why i recommend using polident. [ male announcer ] polident. cleaner, fresher, brighter every day. >> bill: back of the book segment tonight, it is hard to believe but in the last four years the obama administration has borrowed more money than every other president combined. that's fro
the ladies will deal with it next week. okay? >> sure. >> bill: did you say cool? she said sure. >> all right. $10 to charity. >> i didn't do it. i'm sorry guilfoyle did it wiehl would never do it? >> president obama borrowing more money than all the other presidents combined. what a disaster. charles krauthammer will put it into perspective when we come right back. many of my patients clean their dentures with toothpaste. i tell them dentures are very different to...
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the ladies will deal with it next week. okay? >> sure. >> bill: did you say cool? she said sure. >> all right. $10 to charity. >> i didn't do it. i'm sorry guilfoyle did it wiehl would never do it? >> president obama borrowing more money than all the other presidents combined. what a disaster. charles krauthammer will put it into perspective when we come right back. >> bill: back of the book segment tonight, it is hard to believe but in the last four years the obama administration has borrowed more money than every other president combined. that's from george washington threw the first five month of bush the younger's administration. in fact every day the u.s. government borrows an astonishing $3.3 billion. even on sunday. so where is the money going? i asked charles krauthammer to analyze. >> when you think about this, it's staggering that in the last four years the president of the united states, barack obama has borrowed more money than every other president until the first five months of president combined. they think it's some kind of monday nopefully game. wh
the ladies will deal with it next week. okay? >> sure. >> bill: did you say cool? she said sure. >> all right. $10 to charity. >> i didn't do it. i'm sorry guilfoyle did it wiehl would never do it? >> president obama borrowing more money than all the other presidents combined. what a disaster. charles krauthammer will put it into perspective when we come right back. >> bill: back of the book segment tonight, it is hard to believe but in the last four years...
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budget negotiations with congressional leaders started a few weeks ago really with president obama calling for that $1.6 trillion in additional tax revenue over 10 years that you just heard about from john boehner. treasury secretary tim geithner argues that you can not raise enough revenue to reduce the deficit by only doing the loopholes and the tax breaks. and that is the major priority for republicans in this but some senior republican aides said they believe along with spending cuts, compromise would generate about a trillion dollars in new tax revenue, possibly from in parting those tax deductions. bill: where do we go, huh, martha? martha: good question. bill: congressman that broke ranks on one item is with us in 25 minutes. today he has a strong message directed at the white house and president obama. congressman tom colatosti out of oklahoma a bit later here on "america's newsroom.". that is 22 minutes away. martha: we brought you this breaking news on friday and now there's new fallout from that horrible train derailment in new jersey. remember these pictures? emergency official
budget negotiations with congressional leaders started a few weeks ago really with president obama calling for that $1.6 trillion in additional tax revenue over 10 years that you just heard about from john boehner. treasury secretary tim geithner argues that you can not raise enough revenue to reduce the deficit by only doing the loopholes and the tax breaks. and that is the major priority for republicans in this but some senior republican aides said they believe along with spending cuts,...
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the ladies will deal with it next week. okay? >> sure. >> bill: did you say cool? she said sure. >> all right. $10 to charity. >> i didn't do it. i'm sorry guilfoyle did it wiehl would never do it? >> president obama borrowing more money than all the other presidents combined. what a disaster. charles krauthammer will put it into perspective when we come right back. why is it that the most impressive technology often comes with a set of equally impressive instructions ? shouldn't something that's truly advanced, not need much explanation at all ? with the nokia lumia 822 on verizon, there's not much to learn because it's powered by windows... to let you do more than you ever imagined on your smartphone. exclusively with data sense-- a feature that makes the most of your plan. only on verizon. like say, gas station sushi. cheap is good. and sushi, good. but cheap sushi, not so good. it's like that super-low rate on not enough car insurance. pretty sketchy. ♪ and then there are the good decisions. like esurance. their coverage counselor tool helps you choose the ri
the ladies will deal with it next week. okay? >> sure. >> bill: did you say cool? she said sure. >> all right. $10 to charity. >> i didn't do it. i'm sorry guilfoyle did it wiehl would never do it? >> president obama borrowing more money than all the other presidents combined. what a disaster. charles krauthammer will put it into perspective when we come right back. why is it that the most impressive technology often comes with a set of equally impressive...
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>> we have four weeks to go and so far there is not very much. remember, president obama said in the campaign he favored a balanced approach to getting over the fiscal cliff. balanced normally means about 50/50. 50% spending restraint. 50% revenue enhancement. but the president's proposal is apparently something like 80% tax increases. 20% spending restraint. unspecified. unspecified means it won't ever happen. >> jamie: what do you expect to happen given the fact that speaker boehner says that the white house is not willing to compromise on anything. if you are an american and you are sitting at home, maybe you are relying on entitlements. do you think both sides will have to cut entitlements and which ones? >> guest: entitlement reform will have to become part of a comprehensive approach early in the next year. i don't think in the holiday period you will be able to sort out any kind of a grand bargain. what really should worry americans is taxes will go up on everybody, unless some resolution is made by december 31. that will weaken the econom
>> we have four weeks to go and so far there is not very much. remember, president obama said in the campaign he favored a balanced approach to getting over the fiscal cliff. balanced normally means about 50/50. 50% spending restraint. 50% revenue enhancement. but the president's proposal is apparently something like 80% tax increases. 20% spending restraint. unspecified. unspecified means it won't ever happen. >> jamie: what do you expect to happen given the fact that speaker...
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a question you asked at the white house briefing this week having to do with the reports i should say that president obama is considering appoint iing ann >> i will not engage in any speculation about personnel announce mnltss. i just won't sniet was a throwaway line when he was trying to get away from hansing my question. my larger questions were how much an a wintour as one of the most democratically diplomatic people, even cruel, she's known as mean person, and yet in this society we have, political society ambassador ships go to people who raise a lots of money for candidates and i was challenging him on her qualifications to be a dip employee mack as opposing to being diplomat ek. >>> after the break soledad o'brien steps into the racial minefield of who is being black in america. can tow up to 9,600 315 horsepower. what's that in reindeer-power? [ laughs ] [ pencil scratches ] [ male announcer ] chevy's giving more. get the best offer of the year -- 0% apr financing for 60 months plus $1,000 holiday bonus cash. plus trade up for an additional $1,000 trade-in allowance. hurry. bo
a question you asked at the white house briefing this week having to do with the reports i should say that president obama is considering appoint iing ann >> i will not engage in any speculation about personnel announce mnltss. i just won't sniet was a throwaway line when he was trying to get away from hansing my question. my larger questions were how much an a wintour as one of the most democratically diplomatic people, even cruel, she's known as mean person, and yet in this society we...
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president obama told bloomberg tv a deal is possible, but -- >> unfortunately the speaker's proposal right now is still out of balance. >> reporter: that plan sent to the white house offers a total of $2.2 trillion in deficit reduction over the next decade. that includes $1.2 trillion in spending cuts and $800 billion in new tax revenue, but here's the key. no rate increases in the top 2% of taxpayers. that's non-negotiable for president obama. >> we're not going to be able to got a deal without it. >> reporter: the white house says the republicans' math just doesn't add up. >> it's magic beans and fairy dust. >> reporter: negotiations have reached a stalemate. >> there's nothing going on privately that is not going on publicly. >> reporter: there is no plan at this time for congressional leaders to meet with the president at the white house, and it doesn't sound like he's sending out invitations any time soon. >> i don't think that the issue right now has to do with sitting in a room. >> reporter: earlier, the president met with the bipartisan group of governors. >> we understand th
president obama told bloomberg tv a deal is possible, but -- >> unfortunately the speaker's proposal right now is still out of balance. >> reporter: that plan sent to the white house offers a total of $2.2 trillion in deficit reduction over the next decade. that includes $1.2 trillion in spending cuts and $800 billion in new tax revenue, but here's the key. no rate increases in the top 2% of taxpayers. that's non-negotiable for president obama. >> we're not going to be able to...
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white house today for the first time in more than three weeks. we do not have any details about today's conversations but reps on both sides say the lines of communication remain open. the two men last met on november 16th. also today, another republican senator announced his support for raising tax rates on wealthy americans. tennessee senator bob corker says if the gop agrees to the wealthy tax hike, republicans would be better positioned to negotiate for bigger spending cuts on social security and medicare. >> there is a growing group of folks that are looking at this and realizing that we don't have a lot of cards as it relates to the tax issue before year-end. a lot of people are putting forth a theory and i think it has merit where you give the president the 2% increase that he's talking about, the rate increase on the top 2%. and all of a sudden, the shift goes back to entitlements. and all of a sudden, once you give him the rate on the top 2%, it's actually much lesser tax increase than what he's been talking about. the focus then shifts
white house today for the first time in more than three weeks. we do not have any details about today's conversations but reps on both sides say the lines of communication remain open. the two men last met on november 16th. also today, another republican senator announced his support for raising tax rates on wealthy americans. tennessee senator bob corker says if the gop agrees to the wealthy tax hike, republicans would be better positioned to negotiate for bigger spending cuts on social...
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the week after the election, president obama was asked do you have to have the higher rates or could we have deductions and credits and he said he was open to negotiations. three weeks later, after thanksgiving, he shows up and all of a sudden there's a line in the sand on rates that had come out of nowhere, so the president seems to be moving the goal posts in a deliberate effort, i don't know, to extract something, to push people over the fiscal cliff. something's going on and it's not clear because he's not where he used to be. he's quadrupled the amount of taxes he demands. he now has to have rates instead of just numbers. it's going to be interesting what he is doing but it appears he's not trying to come to any agreement. his position is one that the senate, the democratic senate, has rejected in the past. >> robert reish, 60% of americans according to a new abc news/"the washington post" poll believes they should raise taxes on those over $250,000 a year. presumably president obama has seen these polls. so if there is a fiscal cliff and we go over it, the american public are l
the week after the election, president obama was asked do you have to have the higher rates or could we have deductions and credits and he said he was open to negotiations. three weeks later, after thanksgiving, he shows up and all of a sudden there's a line in the sand on rates that had come out of nowhere, so the president seems to be moving the goal posts in a deliberate effort, i don't know, to extract something, to push people over the fiscal cliff. something's going on and it's not clear...
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he did that last week. he's meeting with business leaders this week. he'll be addressing the business roundtable and i think a lesson learned, carol. you saw the debt ceiling debate that went on last year and there were all these meetings between the white house and congressional leaders and didn't seem like they were working and doesn't work to president obama's advantage and the strategy is to go outside, get some pressure going. and they don't really want to have a meeting or else they lose the mojo and interesting what anna says and i think people are concerned because two weeks ago you have a kumbaya feeling and you're not feeling that now. but it's december 3rd. in the way these things work and we saw this in the payroll tax cut last year, the debt ceiling, the near-government shutdown last year f. you blink you kind of wait until the last minute to do it. >> when no one notices. >> reporter: yeah. i think in a couple of weeks that's when you maybe are really looking for more movement. >> we'll see. thank you so much for joining us this morning.
he did that last week. he's meeting with business leaders this week. he'll be addressing the business roundtable and i think a lesson learned, carol. you saw the debt ceiling debate that went on last year and there were all these meetings between the white house and congressional leaders and didn't seem like they were working and doesn't work to president obama's advantage and the strategy is to go outside, get some pressure going. and they don't really want to have a meeting or else they lose...
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but last week he had lunch with president obama at the white house. it's been more than a month now since super storm sandy unleashed a surge of water that destroyed neighborhoods upon neighborhoods along the east coast. all these weeks later we are feeling the effects of the storm. how sandy really flattened the economy. and what did america's children do to deserve this? fox reports on a program that will require students in several states to spend hundreds more hours in school each year. plus the new plan to save a small town doctor from extension. --ti extinction. that is a cust. oh...sorry about that. [ male announcer ] break from the holiday stress. fedex office. humans -- sometis life trips us up. and sometimes, we trip ourselves up, but that's okay. at liberty mutual insurance we can "untrip" you as you go through your life with personalized policies and discounts when you need them most. just call... and speak with a licensed representative about saving on your policy when you get married, move into a new house... [crash!] or add a car to you
but last week he had lunch with president obama at the white house. it's been more than a month now since super storm sandy unleashed a surge of water that destroyed neighborhoods upon neighborhoods along the east coast. all these weeks later we are feeling the effects of the storm. how sandy really flattened the economy. and what did america's children do to deserve this? fox reports on a program that will require students in several states to spend hundreds more hours in school each year....
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"breaking dawn" got bumped down after three weeks at the top. and beau is front and center. first lady michelle obama selected a photoby an iowan artist, she called the moment very surreal. >>> the relationship between president obama and house speaker john boehner can sometimes seem tense and awkward, so snl decided to try and explain it. >> in order to get the support of the speaker, i agreed there would be no tax increases, i repeat, zero tax increases. why would i do that? i mean i won the election. i had the leverage, why give in? well, simply put, i felt sorry for this man. early this week, i found my way into the congressional cafeteria, and what do i see? john boehner, sitting by himself. all alone. not a single member of his party willing to share his company. he didn't even have any milk to drink because, well, tell them why, john? >> they had taken my milk and thrown it in the garbage. >> these are supposed to be his friends and colleges. tell them what your so called friends did to your office desk? >> it was a rubber snake. >> a rubber snake. and did it scare yo
"breaking dawn" got bumped down after three weeks at the top. and beau is front and center. first lady michelle obama selected a photoby an iowan artist, she called the moment very surreal. >>> the relationship between president obama and house speaker john boehner can sometimes seem tense and awkward, so snl decided to try and explain it. >> in order to get the support of the speaker, i agreed there would be no tax increases, i repeat, zero tax increases. why would i...
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president obama and the gop leaders have only held one face-to-face meeting on the fis calgary cliff since the election. that meeting took place more than two weeks ago. >>> the military trial of private bradley manning will stop fou now and resume in a month. that's what a military judge decided today. the delay is to give time for more of what the court calls pretrial proceedings. manning is accused of releasing u.s. military secrets through the website wikileaks. if convicted in a court-martial, he could get life in prison. >>> pope benedict is joining twitter officially. he launches his own internet account tomorrow. that's according to the vatican. a church official tells cnn that the pope will compose all of his tweets himself. no word yet on what he's chosen for his twitter account name. >>> it is a sight no one has ever seen before,en image few expected they ever would see. a same-sex couple getting married inseed the cadet chapel at the u.s. military cathedral. she was a graduate of west point in the first class that included women. they join us now from new york. great to s
president obama and the gop leaders have only held one face-to-face meeting on the fis calgary cliff since the election. that meeting took place more than two weeks ago. >>> the military trial of private bradley manning will stop fou now and resume in a month. that's what a military judge decided today. the delay is to give time for more of what the court calls pretrial proceedings. manning is accused of releasing u.s. military secrets through the website wikileaks. if convicted in a...
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. >> too little, too late; president obama's response to the g.o.p. plan to avoid the cliffally. in an interview with blomberg tv the president said there is not enough time to pull off the republican's proposal that overhauls the tax system and entitlements at tate days from going over the fiscal cliff which is called the series of spending cuts and expiring tax breaks which would be an economic disaster. the sticking point is the call for higher taxes for families, higher taxes on amounts earned above $250,000. everyone gets the tax cut, the first $250,000 is not taxable only but that. the president says, look, i ran on this and i am going to do this. but he is signaling he could be flexible on how high they would go. ed henry is like. this has been out there for a few days. >>reporter: that right. the president had the governors in today and they underdiscover the fiscal cliff will not just impact the national economy but have a lot of impact on state and local economies, as well, and their state budgets, et cetera. the president, though, is standi
. >> too little, too late; president obama's response to the g.o.p. plan to avoid the cliffally. in an interview with blomberg tv the president said there is not enough time to pull off the republican's proposal that overhauls the tax system and entitlements at tate days from going over the fiscal cliff which is called the series of spending cuts and expiring tax breaks which would be an economic disaster. the sticking point is the call for higher taxes for families, higher taxes on...
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he and paul ryan met with president obama in washington last week. >>> witnesses say it was terrifying, a crushing tunnel collapse about 50 miles west of tokyo. authorities have recovered nine bodies, most of them from burned vehicles. experts say aging parts in the tunnel could be to blame. the disaster has prompted japanese officials to order emergency inspections of dudsens of other tunnels with similar designs across the country. >>> and here's a sign of the times. the pope is on twitter. the vatican today revealed pope benedict's personal handle is @pontifacts. the vatican said the pope believes the catholic church must be present in the digital arena. that's going to be hard to answer a question about faith in 140 characters. >> he'll probably have 1 million followers in two hours. >> he has more than 230,000 followers and he hasn't even had a single tweet. his name means bridge builder in latin. another name for the pope. >> yeah. i'll follow him. >> i will as well. >> are thank you very much. maybe if i follow him, he'll follow me, too. >> that would be a very great thing. >> m
he and paul ryan met with president obama in washington last week. >>> witnesses say it was terrifying, a crushing tunnel collapse about 50 miles west of tokyo. authorities have recovered nine bodies, most of them from burned vehicles. experts say aging parts in the tunnel could be to blame. the disaster has prompted japanese officials to order emergency inspections of dudsens of other tunnels with similar designs across the country. >>> and here's a sign of the times. the...
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there's a lot we already knew about that president obama had already taken a public position on. the white house is now saying to republicans as well, we want you to put the meat on the bones when it comes to the entitlement reform portion of this deficit reduction plan. that's politically very tricky, as you know, because a lot of times dealing with entitlements will be construed as cuts to medicare and that's often not very popular. as you can imagine that deal that you just outlined, not received very well by republicans on the hill. >> i think we're going over the cliff. it's pretty clear to me they've made a political calculation. this offer doesn't remotely deal with entitlement reform in a way to save medicare and medicaid, and social security from imminent bankruptcy. the president's plan when it comes to entitlement reform is just quite frankly a joke so i don't think they're serious about finding a deal. >> so not really good language you're hearing soledad. house speaker john boehner said he found the proposal flabbergasting. he said it's not serious. but you definitel
there's a lot we already knew about that president obama had already taken a public position on. the white house is now saying to republicans as well, we want you to put the meat on the bones when it comes to the entitlement reform portion of this deficit reduction plan. that's politically very tricky, as you know, because a lot of times dealing with entitlements will be construed as cuts to medicare and that's often not very popular. as you can imagine that deal that you just outlined, not...
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of state as soon as this week. meanwhile, republicans are still arguing ambassador susan rice is unfit for the position. >> when it comes to susan rice, i can tell you as far as lindsey graham's concerned, i find great fault with what she said on the 16th of september. >> we'll get the first read for you. plus, we'll play for you the new hillary clinton tribute video that some say is paving a path for 2016. i'm only in my 60's... i've got a nice long life ahead. big plans. so when i found out medicare doesn't pay all my medical expenses, i looked at my options. then i got a medicare supplement insurance plan. [ male announcer ] if you're eligible for medicare, you may know it only covers about 80% of your part b medical expenses. the rest is up to you. call now and find out about an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, it helps pick up some of what medicare doesn't pay. and could save you thousands in out-of-pocket c
of state as soon as this week. meanwhile, republicans are still arguing ambassador susan rice is unfit for the position. >> when it comes to susan rice, i can tell you as far as lindsey graham's concerned, i find great fault with what she said on the 16th of september. >> we'll get the first read for you. plus, we'll play for you the new hillary clinton tribute video that some say is paving a path for 2016. i'm only in my 60's... i've got a nice long life ahead. big plans. so when i...
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joe biden shopping at costco last week. did some holiday shopping, and posts pictures with jim senegal and warren buffett's right hnd man and bill gates' dad on the board, too, and receive early dividends and ay less tabs. several reports say the demand for microsoft's surface tablet is so weak that they cut the orders from the asian manufacturer in half. i own microsoft stock. lauren, where is it now? >> 1% and stuart, i feel bad for you, microsoft was the second worst performer in the dow jones for the month of november and needs all of the gains today. and you know, if you've ever walked past time square, i know it's kind of right by where we work. that surface pop-up store from microsoft is always jam packed, i guess it's in a busy area and it's surprising to see they're cutting back on orders. stuart: next time i go in there if i do. i'll press for an early dividend payout of microsoft's 50 billion dollars in cash so some of us can benefit before the end of the year, but i'm not holding my breath on that. all right, la
joe biden shopping at costco last week. did some holiday shopping, and posts pictures with jim senegal and warren buffett's right hnd man and bill gates' dad on the board, too, and receive early dividends and ay less tabs. several reports say the demand for microsoft's surface tablet is so weak that they cut the orders from the asian manufacturer in half. i own microsoft stock. lauren, where is it now? >> 1% and stuart, i feel bad for you, microsoft was the second worst performer in the...
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they believed that all the way to the end and the last week of the campaign and i was out on the road with him, he had these huge crowds at different events and in fact on election day he did a stop in pittsburgh to go visit his election headquarters there and saw a bunch of people up on a parking ramp right at the airport. they hadn't announced the arrival at the airport. they just showed up. they took it as an omen. they thought it was a sign that he was going to win and all the way until the networks called the race on election night that he would be the winner. >> so jonathan, what, then, does that kind of mind do in this situation? i mean, i kind of -- i guess i kind of get the crying. the world makes no sense. >> right. well, the world makes no sense when you live in this bubble where -- just imagine, remember what was happening over at fox news on election night, how they couldn't believe what the rest of the country saw happening and saw it happening for weeks, if not months, this echo chamber that they live in that they are going to win, that their ideas are right, that they
they believed that all the way to the end and the last week of the campaign and i was out on the road with him, he had these huge crowds at different events and in fact on election day he did a stop in pittsburgh to go visit his election headquarters there and saw a bunch of people up on a parking ramp right at the airport. they hadn't announced the arrival at the airport. they just showed up. they took it as an omen. they thought it was a sign that he was going to win and all the way until the...
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president obama saying now a deal to avoid the so-called fiscal cliff could be about a week away. there is just one catch. he says republicans have to accept the, quote: reality as he puts it that tax rates are going up for the richest americans. something g.o.p. leaders are calling a deal breaker. >> we're not insisting on rates just out of spite or out of any kind of partisan bickering. but rather because we need to raise a certain amount of revenue. we can probably solve this. it's not that tough. but we need that conceptual break through that says we need to do a balanced plan. >> we made a good faith offer to avert the fiscal crisis and that offer included significant spending cuts reforms and it included additional revenue. and frankly, it was a balanced approach mr. president has been asking for. now we need a response from the white house. >> they have 27 days to prevent automatic tax hikes and spending cuts from kicking in on new year's day. ed henry live at the white house for us. ed, we are hearing the president and house speaker john boehner actually talked by phone no
president obama saying now a deal to avoid the so-called fiscal cliff could be about a week away. there is just one catch. he says republicans have to accept the, quote: reality as he puts it that tax rates are going up for the richest americans. something g.o.p. leaders are calling a deal breaker. >> we're not insisting on rates just out of spite or out of any kind of partisan bickering. but rather because we need to raise a certain amount of revenue. we can probably solve this. it's not...
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they're notue due back -- not due back until next week. but house speaker john boehner is staying behind, ready to sit down and negotiate with the president. we can't sit here and negotiate with ourselves. >> reporter: president obama is rejecting the republican proposal because it does not raise taxes on households making $250,000 a year. the gop is offering to close tax loopholes and limit deductions instead. >> the revenues on the table are going to come from guess who? the rich. >> reporter: they say if the bush-era tax cuts aren't extended for everyone, it will hurt everyone. and they invited people here to make their point. >> reporter: max olson opened an insurance company this year and is concerned he won't be able to add employees. >> you add their payrolls, plus an extra tax amount, then i may not be able to hire them because of it. >> reporter: president obama pressed his case tuesday, with ceos from some of the largest companies. >> i'm here to tell you, nobody wants to get it done more than me. >> reporter: the president wants
they're notue due back -- not due back until next week. but house speaker john boehner is staying behind, ready to sit down and negotiate with the president. we can't sit here and negotiate with ourselves. >> reporter: president obama is rejecting the republican proposal because it does not raise taxes on households making $250,000 a year. the gop is offering to close tax loopholes and limit deductions instead. >> the revenues on the table are going to come from guess who? the rich....
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putting us in control of our energy future, now. >>> for the first time in a week president obama and speaker boehner talked about the fiscal cliff. it was by phone. both sides agreed that they would not talk about the details. what we do know is that it has not led yet to any major breakthroughs. we want to get to congressman steve latourette, republican from the state of ohio. he is leaving congress, decided not to run for re-election, citing gridlock as a big reason why. we appreciate your time with us this morning. >> thank you. >> can we start with syria first before we get to the fiscal cliff? we know that there's this red line that hillary clinton has talked about. but nbc news has reported that syria is loading chemical weapon components on to bombs, which could -- makes us think, well, what's the next step? to what degree does this mean military action for the united states? >> couple of things, the nbc report is unconfirmed. the other piece of news is that the secretary is expected to meet with the russian foreign minister in dublin, i believe, and talk specifically about ge
putting us in control of our energy future, now. >>> for the first time in a week president obama and speaker boehner talked about the fiscal cliff. it was by phone. both sides agreed that they would not talk about the details. what we do know is that it has not led yet to any major breakthroughs. we want to get to congressman steve latourette, republican from the state of ohio. he is leaving congress, decided not to run for re-election, citing gridlock as a big reason why. we...
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president obama is blaming the republicans for this stalled proposal right now. listen to the president. >> if congress does nothing eerie familiar -- every family will see income taxes go up at the beginning of next year. a typical middle class family of four will see income taxes rise by $2,200. it's unacceptable for some republicans in congress to hold middle class tax cuts in hostage because they refuse to let tax rates go up on the wealthiest americans. >> congressman ted o says he finds the president's suggestion to congress basically laughable, because the president, you will remember during the campaign the 800 billion number was thrown around for new taxes how much revenue could be brought in if that upper echelon of people were taxed higher. now it has suddenly become 1.6 trillion in new revenue in terms of taxes that the president is looking for. congressman ted pough has thoughts on this. >> his proposal is so ridiculous the idea that if he would raise taxes if we followed his plan wouldn't solve the problem anyway because the spending is so much. he
president obama is blaming the republicans for this stalled proposal right now. listen to the president. >> if congress does nothing eerie familiar -- every family will see income taxes go up at the beginning of next year. a typical middle class family of four will see income taxes rise by $2,200. it's unacceptable for some republicans in congress to hold middle class tax cuts in hostage because they refuse to let tax rates go up on the wealthiest americans. >> congressman ted o...
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. >> there is a little more than three weeks left before the u.s. goes over that fiscal cliff we've been talking about. cbs reporter nancy cordis on the progress or lack thereof in washington. >> reporter: in his saturday weekly address, president obama signaled he is open to making cuts on programs like medicare and medicaid if republicans agree to raise tax rates for the rich. >> i'm willing to find ways to bring down the cost of healthcare without hurting seniors and other americans who depend on it. and i'm willing to make more entitlement spending cuts on top of the $1 trillion in spending cuts i signed into law last year. >> reporter: his remarks came one day after house speaker john boehner announced the talks were stalled. >> well, this isn't a progress report, because there's no progress to report. >> reporter: his democratic counterpart, nancy pelosi, blames boehner for the stalemate. >> what they offered in return was an empty letter, lacking in specifics. >> reporter: such is the state of negotiations 23 days before the deadline, when fe
. >> there is a little more than three weeks left before the u.s. goes over that fiscal cliff we've been talking about. cbs reporter nancy cordis on the progress or lack thereof in washington. >> reporter: in his saturday weekly address, president obama signaled he is open to making cuts on programs like medicare and medicaid if republicans agree to raise tax rates for the rich. >> i'm willing to find ways to bring down the cost of healthcare without hurting seniors and other...